separation. >> that will do it for this edition of al jazeera news. i'm stephanie sy. thanks for watching. >> the stock market recent run yo up. is it too late to get in on that action. and i'll show what you options your insurance agent might be able to offer you under boom obamacare, this is "real money." [♪ music ] >> this is real money. you are the most important part of the show. so join our live conversation for the next half hour using this, our hashtag

@aj real money on twitter. the stocks spell fo fell for thh day in a row. the investors are genuinely worried that government will shut down. still, the s & p 500 is up 19% so far this year and it's only september. still a bull market on wall street. but before you give me an earful about how all this benefits just the rich. i'm going to tell you that's not true. anyone with money to invest in america can participate in the stock market, and many of you have. here's the proof of that. the total net worth of all u.s. households rose 6%, an increase of $4.2 trillion. your net worth is all of your assets. your home, your stock, minus all your debt. here's the thing.

this increase is being driven by stocks. in fact, stocks have picked up another 5% since june. when this was measured. meaning our net worth has grown even more since then. the house something part of the picture as well. u.s. home prices as we've discussed are up 12.6% from this year were last year. which is good news because owning a home is the number one way that americans mr. personal wealth. but despite these gains home prices are 20% lower than where they were in the peak of the market in 2006. still there are a lot of people who don't own homes and stocks are the biggest driver of that wealth increase. so many of you are not invested in stocks. that's why this increase in collective wealth is a tale of two cities. half of you don't own any stocks, 52% from a pew poll taken earlier this year. if you are already in it, is now

the time to cash in? i want to ask matt mccormack. his ohio based firm manages $9.6 billion. he joins us from washington. matt, good to see you. first of all, there have been all sorts of predictions. when you're up 19% in a year. all you money managers get asked what is going to happen next in the market. what do you think is happening? >> if i truly knew i would not be in dc i would be in bermuda on a boat. but i think there is more volatility coming towards us. there is concern about the debt negotiations, and there is consensus that a deal will be done quickly. but the same people who said the fed was going to taper last week are the same ones saying that the republicans would fold. the way i look at it to answer your question about the stock market you have to look at what your goals are, what your needs are. if you're going to be in stocks,

go where the puck is going. buy high quality dividend paying stocks, that have needs not wants and have under performed since january of 2012. these are the type of stocks that i would look for. people who have not invested yet so far are fearful and concerned volatility. these are the stocks that do well, grue. >> but do they do well for those conservative people watching my show. conservative investors watching my show. when you hear somebody say the market is up 19%, and it's just september, is that safe? >> you know, there is no guarantee on anything. but when you look at these type of stocks, especially high quality dividend paying stocks they tend to under perform when you see speculation enter the market. i would say this year has been mainly gains generated from the fed pumping on the gas, pushing

stocks like netflix that is up 135% today that may an great company. >> 300 pe. that means its price is 300 times what that company earns. >> reporter: i think if you're a conservative investor and you have not been entered into the market, i look at what people need. they need income to fund their lifestyle. they need to pay for education, healthcare and income is really something that is the name of game. and dividend paying stocks that pay a rising dividend stream are something that have been out of favor. they're cheaper than the market. if you look at non-dividend paying stocks they're much cheaper. >> so my viewer understand. they're paying 17%. what they earn versus a company like netflix which is trading 300. so it's better to pay 17 than 300. >> a company like intel, very

low debt. it's not going to bankrupt any time soon. these are companies that if you're reluctant to be in stocks, go to companies that you know are going to be around for many years. they have products that are needs, not wants, and these are the type of situations you can leg into it. you don't have go in with one fell swoop. you can let the smoke clear with the federal debt negotiations. but those 60 and over are going to grow 60% through 2013, 51%. thiessaned investors need protection, and i think dividends are the way to play that. >> thank you very much. scratching their heads, stomping their feet and praying for answers of what to do and how much it's going to cost. i'm going to give you the facts and talk to a restaurant owner what the healthcare law means for him and his employees.

that and more when "real money" continues.

>> big business cheered when it got an extra year to implement obamacare. what about the little guy.

small companies typically pay more for benefits. starting next week they'll get a little help. that may be good news if you work for a small company that couldn't afford insurance before. >> reporter: as far as health insurance goes, small businesses have it tough. if one or two people are old or sick that could increase the price of the policy. in a big business the costs are spread out and allow the employers to negotiate better costs for the surer it's. >> the risk will be spread evenly before the healthy and unhealthy. the price your company pays will largely depend on who is on staff. >> that will depend on how much businesses pay. businesses with a very young

healthy workforce may pay a little more. >> small businesses with fewer than 50 employees are not required to offer health insurance. more than half of them already do. that's compared to 97% companies with workers. the question now is whether the exchanges will offer enough of an incentive to businesses to buy coverage. over the past decade about 10% of companies with fewer than 25 employees have dropped it. so to make it more affordable, those very firms are eligible to be reimbursed up the half the cost that they pay towards their workers' premiums. only a fraction of the companies eligible for tax credits have tried to collect since the first phase of the program was rolled out in 2010 when obamacare was passed into law. >> one part of obamacare that benefits all businesses, insurance companies can no longer raise rates for firms

that employee a lot of women who historically make more use of healthcare than men do. we've been asking you as a small business owner what are you doing to prepare for obamacare? well, this viewer said not hiring anyone new. the rest are doing the jobs of others. trent said everything is still up in the air. a lot of owners i talked to are cutting hours. 28 hours per week seems to be the norm. keep them coming, tweet me at aj real money. or leave your comment on facebook. now let's switch gears and get a view of the business owner who employees 90 workers. that business with more than 50 people have to provide insurance to anyone who works more than 29 hours a week. which is why that tweet you just heard referred to 28 hours a week. eric gomez owns six restaurant in new york and new jersey. he joins us now in midtown manhattan.

edward, more importantly than anything else, you have a signature dish there, roton manatara. >> that's our interpretation of a vegetable lasagna. >> i might have to come and try that. >> with a touch of tomato and a touch of cream. come in any time. >> you're going to have to implement obamacare or pay a fine. you're not clear what you have to do. >> quite frankly i'm not clear on it, and we're nervous what to expect. we have 90 employees, six restaurants. we had seven but we lost one with the hurricane. we were faced with a lot of damage from the hurricane that wasn't covered by the insurance company, and we have the insurance for our employees. we're nervous and skeptical of what is going to happen.

>> this guy is big enough, why can't he have the necessary information? why don't you have lawyers and accoun accountants, but you would have to employe someone to understand all of this. the government does not make it easy to understood. >> that's the truth. three out of our six restaurant are just struggling to make it by. we're in zones before the hurricane came, but we're in zones that really aren't that affluent and it hosts the neighborhood crowds. we just get by and we employee people but now we're faced with a larger he dilemma where we've fallen into a circle of jobs where companies might be doing better and our margins are smaller, and we'll be faced with these extra expenses. >> are your employees coming to you and asking you? we know the confusion exists on the part of business owners and

on the part of employees. are they coming to you and asking you about obamacare? >> they are coming to me and asking me. quite frankly i tell them, we'll talk about it after october 1st. i'll let you know what happens. >> how do you manage it right now. you don't offer healthcare. >> for one of our restaurant out of new jersey, it has different rules than new york. there we had to offer it to all of our employees. it becomes a very large bill at the end of the year. the one in new jersey isn't as good as the ones in new york where we're facing the $50,000 to $60,000 bill for health insurance. >> tell me--you have conversation with other restaurant owners about this? have you gotten groups together that are looking at this legislation and wondering how it's going to have an effect on you? >> we have. we're part of some small

organizations that are trying to fight health department regulations and we're seeking counsel with what is going to happen with obamacare. eric gomez, restauranter, and he's talking to us from his restaurant who has an excellent interpretation of vegetable lasagna which i'm going to try one of these days. let's go to obamacare, companies will be able to shop for better exchanges or pay fines at the end of 2013. good to see you. >> thanks for inviting me. happy to be here. >> i think regular people are not built to understand 900 page legislation and it's outcome.

is it is it that complicated. >> he has more time than he thought he has. that law that said that employers had to cover their employees, but now they've got an extra year. there was a lot of confusion, especially in the restaurant arena. the restaurants were saying should we be laying people off or cut people off to part time. thou they have more time. >> that said, if you're a restaurant that converse your employees already, you can take the decision ahead of january 1st that might save you money. >> absolutely. you can could decide to go in the small business exchanges. if you are a business with fewer than 100 employees, absolutely. we see the rates coming out, and they seem like they're pretty good. >> is there a way to offer a blanket statement. are the rates going to go up or down? it seems to be difficult to get

a blanket answer. >> no blanket answer. why no blanket answer? number one, one of the goals was to say we want everyone in these pools. as the reporter reported earlier on. the leverage. they have high administrative costs. we're going to pool the everybody in, but part of the idea is you get the young healthy folks with the old sick folks. the insurance companies now have to take the older sicker folks who have trouble getting insurance before. now we have the young healthy folks and in theory the insurance rates for those young healthy folks could go up. the rates for the older sicker folks will go down. on the other hand if the young healthier folks if they're low income there will be subsidy to pay for the higher rates. get everybody in the pool. everyone pays the same rate and then subsidies for those who can't afford it.

>> it seemed logical that 50 is the line. after 50 employees, pay for shuns oinsurance or pay a fine. this guy has 80, is there a magic number? >> no magic number. the tax credits, small business tax credits. those are available to firms with 25 or fewer employees. how do we come up with 25? an arbitrary number. the mandate, 50 an above. no magic number. and one of the reasons for the concern and delay there was fear that you would have a firm with 52, 53, 54 employees. are they going to cut back to get 48, 49, or is that firm with the 49, are they going to hire that extra two people. there is confusion and complexity. >> hopefully people won't make decisions based on obamacare but on command and what they need

for their businesses. >> the affordable care act has three goals. they're for self employed and small business folks, reduce the cots and offer it to everybody, that's the goal. >> there is something very big blowing in the wind in texas, and it's all about power, jobs and money. how much of a difference will it really make to the rest of the nation and the world. s2úq@eñsy$x

>> we learned this week the dallas-based try golden energy plans to start a wind turbine operation making it not just america's biggest wind farm but one of the largest as well. that's big. which is not all that surprising given that it's in texas. but how big is wind energy these days? by all accounts wind is still a tiny part of energy consumption. just 3.5% of energy usage comes from wind. but it has become the number one source of generator

capacity. that means wind energy can power 15 million u.s. homes. and new investments in wind energy projects totaled $25 billion in the last year alone. there are 890 wind projects across 39 states. that means 80,700 jobs. nine states now get more than 10% of their power generation from wind energy. some states like iowa and south dakota get a quarter of their electricity from wind. the u.s. and china lead the word in wind power which makes up 2.5% of global electricity supply and contributed $78 billion to the world's economy last year. it's not all smooth sailing. winds in unpredictable energy source. but companies like google and ikea are investing in wind farms. and the way winds are blowing, farms are heading offshore with

developments off u.s. coasts. much of the industry growth will determine whether a production tax credit is renewed at the end of the year but energy experts agree wind power is on the rise . dr. b jorn author of "how to make $7,575,000,000,000 to make the world a better place." >> you don't think it's all that great. >> it costs much more. that's why the segment ended why you need the production credit. you need subsidies to run wind or you wouldn't be building it right now. the problem is you can't afford all that. look, spain, for instance, is paying a percent of its gdp in productions for solar and wind.

the net effect is to postpone global warming at the end of the century by 61 hours. all it does is makes us feel good but it's not a sustainable business number. >> should we be building this in our portfolio. should part of the port noelio be natural gas, wind, coal, nuclear. is it not better to have energy from different sources. >> it sounds like the right argument but we need to cut carbon emissions by going to gas. we should do that a lot more. and then we should be focusing on making wind, solar and all the green energy sources so cheap that everyone will switch. but this is not about texas or the u.s. cutting a little bit of its co2. it's making sure that everyone cuts a lot. >> gas uses a lot water. sometimes it causes earthquakes. wind is free when it blows. >> it's not free for you because

you have to pay for them to set it up you have to pay to have generators on the backup because what do you do when the wind isn't blowing? it hast real costs. i'm from denmark. we get lots and lots of it. 33% of our energy is from wind but it works because we pay a very high premium. if we want to cut carbon emissions. it's not about wind but it's about making future wind much cheaper. >> do you think that's a possibility that that happens? >> i don't know anyone who knows what exactly is going to be the technology, but one of the many technologies solar, wind, geothermal. there are lots of other ideas. let's spend money on research and development because that's a cheap way to redefine wind by the end of the century. >> dr. bjor n lundberg. thank you for being with us.

what are you doing as a small business owner to prepared for obamacare. tweet us or leave a comment on our facebook page. if yo you would like to see morf these stories go to our website at www.aljazeera.com/real money. new reports came out saying that jp morgan could settle all of the federal and state probes for a cool $11 billion. here's the thing. jamie dimon was once hailed as the smartest man on wall street even though he led a crusade against the banking industry. last year's revelation that it lost $1.2 billion in ill advised trades had little affect on the banks' stock. jp morgan chase stock is up, 27.5% in the last year. how come number seems to worry about a company that could end up paying or losing at the end

of the day somewhere around $18 billion of shareholder money? probably because that kind of dough does not mean much when it's spread across shareholders. maybe it would be better if regulators could get $100 billion from jp morgan. but what if it were divided up amongst those who were most responsible for losings shareholders money. that would take a lot of time to repay that money but that would teach them a lesson. going back to made in america. what is prompting companies to bring jobs from china back to the u.s. i'll alle ali velshi, see you on "real money."

>> rescuers are struggling to reach victims o of an earthquake of pakistan's southwest. many are reported dead. >> hundreds of people have been killed b, an help has not arrivd on time the fear is death numbers will rise. >> hello, you're watching al jazeera live from doha. also ahead. searching for